Which of the Following Statements Is True

question 94

Multiple Choice

Which of the following statements is true?

• A) Absorption costing income exceeds variable costing income when units produced and sold are equal.
• B) Variable costing income exceeds absorption costing income when units produced exceed units sold.
• C) Absorption costing income exceeds variable costing income when units produced are less than units sold.
• D) Absorption costing income exceeds variable costing income when units produced are greater than units sold.

---

Definitions:

Self-Contradiction

A statement that inherently contradicts itself, asserting and denying the same thing, thereby being false in all situations.

Main Component

The primary or most important part of a system, device, or mechanism.

Contingency

A future event or circumstance that is possible but cannot be predicted with certainty, often depending on other conditions or events.

Negation

The logical operation that turns a proposition into its opposite, usually expressed in English by "not".